Cabify's consolidated net revenues in 2019 amounted to $104 million, up 11% from the previous year.
Under the new regulations, ride-hailing groups must allow 15 minutes to pass in between the customer requesting a ride and the driver arriving.
As part of the decree, bookings on ride-hailing apps such as Uber and Cabify must be made 15 minutes prior to pick-up.
As a result of the violence, Uber and Cabify announced Wednesday that they were suspending service in the city.
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